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$TSCO 2Q15 Q&A: Peter of Robert Baird asked a bit more color on 2Q15 seasonal business performance, and Steve stated TSCO did go in the season really prepared and that it is using inventory as a strategic lever to drive sales and take share. In terms of the changes made, TSCO worked with its vendor partners and upgraded the specifications, he said.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.